Saturday, 15 December 2018
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--

Gold Retraces Friday's Bounce - Peter Hug from Kitco
Monday, 6 August 2018 23:48 WIB | GOLD CORNER |Gold OutlookGold Corner

Gold continues under pressure overnight after last week's tepid bounce. Gold managed a meager $15 bounce on Friday but could not sustain any momentum into the close.

Overnight the dollar continued to appreciate, which brought fresh selling into the commodity space. The technical charts look terrible for gold but a possible support zone exists around $1,207. Watching the euro/dollar for a quick entry point will be important.

The euro is close to 1.15 to the dollar and we would expect some support at this level. If the euro breaks below the 1.15 figure, further selling in gold should be expected, with a test of the $1,202 line the first objective.

Should gold recapture the $1,213 area, we would expect a drift higher to the $1,220 area.

Source: Kitco News

RELATED NEWS
Wall St., Main St. Expect Gold To Keep Shining...
Monday, 10 December 2018 13:04 WIB

Wall Street dan Main Street keduanya melihat emas untuk membangun pergerakan minggu lalu untuk bergerak lebih tinggi selama minggu depan, berdasarkan survei emas Kitco News. Pengamat memperkirakan la...

Can Gold Beat The December Curse?...
Tuesday, 4 December 2018 12:00 WIB

Seorang analis komoditas mengatakan dia sedang menunggu untuk melihat apakah pasar emas dapat mengalahkan kutukan Desember seiring pasar memulai bulan dengan catatan yang kuat, diperdagangkan tepat di...

Gold Looks Good In 2019 But Needs Inflation To Break $1,300 - IHS Markit...
Tuesday, 27 November 2018 05:37 WIB

Meskipun pasar emas dapat diperdagangkan di atas kisaran enam bulan saat ini pada tahun 2019, investor seharusnya tidak mengharapkan harga untuk menembus orbit mereka, menurut salah satu perusahaan ri...

Gold Is Just Getting Started - Scotiabank...
Tuesday, 20 November 2018 05:51 WIB

Meskipun pasar emas tidak mampu mempertahankan momentum Oktober-nya, satu bank Kanada belum siap untuk menyerah pada logam mulia ini. Analis di Scotiabank mengatakan bahwa mereka melihat potensi lebi...

Gold Prices May Fall Further as US Dollar Recovery Continues...
Monday, 12 November 2018 16:36 WIB

Harga emas turun bahkan meski imbal hasil obligasi mengikuti pergerakan lebih rendah saham dan jalur kenaikan suku bunga acuan yang tersirat dalam berjangka Fed Funds mendatar pada hari Jumat. Dolar A...

LATEST NEWS
Hong Kong stocks close week with sharp losses

Hong Kong shares tumbled Friday as fresh data pointed to further weakness in China's economy while investors also cashed in profits following a broadly positive week. The Hang Seng Index dropped 1.62 percent, or 429.56 points, to 26,094.79. The...

Dow Ends in Correction Territory as Stocks Tumble on China Worries

Stocks ended the week on a down note Friday, falling sharply on worries about global growth after weaker-than-expected Chinese data. The Dow Jones Industrial Average fell around 496 points, or 2%, to finish near 24,101, according to preliminary...

Oil Ends Lower For The Week; Natural Gas Sees Biggest Weekly Plunge Since 2016

Oil prices fell on Friday, settling lower for the week, as a stronger dollar cut global demand for U.S.-priced commodities and a slide for the stock market sullied the risk-taking mood. Meanwhile, natural-gas futures took a plunge that left them...

POPULAR NEWS
Gold Settles Higher as November Inflation Data Meet Expectations And The Dollar Takes a Dip
Thursday, 13 December 2018 02:12 WIB

Gold futures settled higher on Wednesday, scoring their first gain in three sessions after data showed U.S. inflation remained flat in November and...

Gold Declines as Palladium Retreats From a Record Settlement
Friday, 14 December 2018 02:55 WIB

Gold futures ended lower Thursday, with overall strength in the dollar helping the metal build on its losses for the week, while palladium eased...

Gold Prices Jump to Session Highs After U.S. Inflation Data
Wednesday, 12 December 2018 20:53 WIB

Gold prices ticked higher on Wednesday, hitting the best levels of the session after data showed that U.S. consumer price growth slowed in...

Britain's PM Tries to Save Brexit Deal After Postponing House of Commons Vote
Wednesday, 12 December 2018 18:51 WIB

British Prime Minister Theresa May is meeting with European leaders Tuesday as she seeks to keep alive her deal for Britain's withdrawal from the...